Indonesia: Aside from cooking oil, prices of eggs and chili increase

Published 2021년 11월 17일

Tridge summary

Indonesia's Minister of Trade, Muhammad Lutfi, has stated that the prices of several food commodities are increasing due to weather conditions and other factors. The price of chilies has risen by 15% due to the rainy season, while the price of purebred chicken eggs has increased, with the highest price in Papua at Rp 38,000/Kg. The minister has suggested that the fair price for eggs is Rp 24,000/Kg and has urged for protection for egg farmers. The price of soybeans is currently stable but may increase due to poor yields in Brazil and South America.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Minister of Trade Muhammad Lutfi revealed that there are several food commodities that are currently experiencing price increases. In addition to cooking oil (migor), there are also chicken eggs and chilies. "Chili has increased 15% (price) due to the rainy season, so it is normal for the price to rise when it rains, but hopefully the price will return to normal. Chili's cyclical problems from weather which are usually dry and wet affect the price of chili," he said in a statement quoted on Tuesday ( 16/11). Meanwhile, the price of purebred chicken eggs has increased. Based on the National Strategic Food Price Information Center (PIHPS), the price in DKI Jakarta reaches Rp. 25,600/Kg, while the highest price is in Papua at Rp. 38,000/Kg. Whereas some time ago the price of this commodity has decreased. At that time, Lutfi admitted that he had received protests from egg farmers, while housewives protested when prices soared. "I remind you that the cost of ...

Source: Cnbcindonesia